#1 - Financial Analyst:
A financial analyst is a finance professional involved in creating financial models and forecasting financial statements. They are mostly hired by well-known companies, like JPMorgan Chase, WellFargo, Amazon, Deloitte, and similar others. For the job role offered, the analyst receives around $60,735 to $73,319 annually, depending on the seniority level.
#2 - Equity Research Analyst:
Equity research analysts analyze financial information and trends in organizations and industries. Based on their analysis, they give clients an opinion or verdict in their equity research report and guide them in their investment decisions. Some of the popular hiring companies include Goldman Sachs, MorningStar, Barclays, Crisil, and others. They earn around $109,138 per year plus some additional benefits.
#3 - Investment Banker:
Investment banking analysts have a job profile similar to equity analysts. However, they mostly run parallel with investment banking firms. For instance, they prepare financial models, perform financial analyses of companies, and likewise advise clients on buy or sell decisions. In addition, they also prepare pitchbooks for client meetings, including one for M&A and LBO. Some of the large investment banks like CitiGroup, JP Morgan Chase, HSBC, Credit Suisse, and others provide analysts with a higher salary of $80,071 annually.
#4 - Private Equity Analyst:
Another category of equity analysts is more connected with private firms. Here, analysts conduct research, forecast the performance of private firms (not listed on the stock exchange), perform ratio analysis, and give interpretations on private firms. Mostly, companies, like Goldman Sachs, Blackstone, General Atlantic, and other private equity firms hire them. Generally, their average salary here is $94,063 on an annual basis.
#5 - Credit Analyst:
These analysts facilitate credit risk management by measuring the creditworthiness of the individual or a firm. They are generally employed by banks, credit card companies, rating agencies, and investment companies. A few popular banks include CitiGroup, American Express, Barclays, HSBC, and others. Here, the salary prospects range between $52,844 and $65,565 annually.
#6 - FP&A Analyst:
A Financial Planning & Analysis (FP&A) analyst is responsible for analyzing the various parts of the corporate industry for projecting the future financials and cash flow of the business industry. They work closely with the executive teams and help in strategic decision-making for the board of directors, like the CFO & CEO, etc.
In normal stances, the salary of a beginner is between $60,740 and $73,320. However, with more years of experience, it rises to $80k to $100k annually. Generally, companies like JPMorgan Chase, Amazon, Wells Fargo, and Deloitte hire these professionals.